
EU Launches ThreeâŊMarketâŊProbes Into Cloud Services by AmazonâŊ&âŊMicrosoft
âĒBy ADMIN
Related Stocks:MSFT
The European Commission (EC) has launched three separate market investigations into cloudâcomputing services offered by Amazon Web Services (AWS) and Microsoft under the Digital Markets Act (DMA), signaling a stricter regulatory push into the tech giantsâ dominance in the cloud sector.
Two of the probes will evaluate whether AWS and Microsoft Azure should be designated as âgatekeepersâ under the DMAâbringing them under additional obligations to foster competitionâwhile a third investigation aims to assess whether the DMAâs existing rules are equipped to handle anticompetitive practices in the fastâevolving cloud market.
AWS remains the worldâs largest cloud provider, followed by Microsoftâs Azure, making these investigations significant for how tech power is managed in Europe.
According to EU antitrust chief Teresa Ribera, the Commission will also determine whether the DMA itself needs updating to keep pace with the rapid changes in cloudâcomputing practices.
Should the investigations find that either company qualifies as a gatekeeper, they would face new obligationsâsuch as enabling interoperability with rival servicesâand be subject to possible fines of up to 10âŊ% of annual global turnover for DMA violations. The EC plans to conclude the investigations within 12âŊmonths.
Microsoft has stated it is âready to contributeâ to the enquiry, while AWS has cautioned that classifying cloudâproviders as gatekeepers could stifle innovation and raise costs for European companies.
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